Importers of second hand cars have sued the Kenya Revenue Authority (KRA) over new CRSP values. The importers under the umbrella Car Importers Association of Kenya (CIAK) says that the KRA ignored public participation and acted unilaterally when publishing...
A major breakthrough has been achieved in the fight against HIV/Aids after the Food and Drug Administration (FDA) approved a powerful HIV prevention injection. The new HIV prevention injection was developed by Gilead Sciences and shall be taken twice...
A local liquor business that ran into taxation troubles with the Kenya Revenue Authority (KRA) six years ago has been placed under administration. The business known as Africa Spirits Limited (ASL) has appointed Peter Kahi of PFK Consulting Limited...
In November 2024, Elias Wambua invested Sh1.5 million in Safaricom shares. He acquired about 104,000 shares that were valued at a price of Sh14.35 each. “I took position about two weeks after Safaricom released their half year financial results...
Carrefour Kenya sales revenues for the year 2024 hit Sh42.9 billion. This is according to disclosures that have been made Carrefour Kenya operator Majid Al Futtaim in Kenya. These revenue sales were an increase of 15 percent from the...
Former Kenya Revenue Authority chair Anthony Mwaura has acquired a stake in the HF Group with Sh1.6 billion. Mwaura made this acquisition through his nuclear family in a series of transactions that involved firms associated with himself, his wife...
This year, the Kenya Revenue Authority (KRA) has allowed Kenyans to file nil returns on eCitizen. This has seen a huge number of taxpayers leave the traditional iTax system of filing returns for eCitizen which is considered as easier...
Telecommunications giant Safaricom has brought smiles to its shareholders after recording several bullish days at the Nairobi Securities Exchange. Over the past one week, Safaricom shares have appreciated by close to Sh5 per share.
An analysis by Bizna Kenya shows...
In just eighteen months to May 2025, three Gulf oil firms pocketed Sh1.5 trillion from selling fuel to Kenya through the controversial G-to-G fuel deal. Apparently, 158 cargo of petroleum products were imported to Kenya by the three firms...
The Co-operative Bank of Kenya hired 1,104 new employees in the financial year that ended on December 31, 2024, a new annual report has shown.
The new hires came as the bank extended its growth drive that has seen it...
